Bally, the Swiss luxury brand, is looking for mature start-ups dedicated to developing initiatives that actively address the burning issues of sustainability in the fashion industry.
In cooperation with its long-term partner Loomish, a Swiss investment management firm, Bally has opened a start-up call inviting mature enterprises with ground-breaking solutions that could help big players tackle sustainability.
Initiatives can be submitted until February 14, 2020 via the Loomish website and the application process is quick and straightforward. The finalists will be invited to pitch in Lugano on March 31, 2020, in front of an international jury panel composed of high-level industry executives, tech leaders and investors.
The specific interest of the call is in three categories: sustainable production (materials, design, production), sustainable consumption (circular economy) and sustainable retailing and logistics.
Nicolas Girotto, Bally CEO, says: “Over the last year, there has been a significant shift in the urgency make the Fashion industry more sustainable for the future. As a member of the Fashion Pact, and with our own independent Sustainability Roadmap in place, I believe brands have a duty to leverage their reach and vitality to address these growing global issues. This initiative is a part of our contribution towards building a more sustainable industry and we are very pleased about the diversity and breath of the Award Jury Panel, which brings together a stellar group of industry leaders and brands in one place.”
Carlo Terreni, the Founder of Loomish, says: “Over the last four years, the Fashion Innovation Award has gained a reputation of a curated launch platform for FashionTech start-ups: it gives promising FashionTech entrepreneurs a unique opportunity to pitch their solution directly to dozens of senior industry decision makers, all the way to the c-level executives. In 2020, with fashion sustainability raising a as massive innovation space, we will work with our Partners, Brands and Jury members to select, promote and help scale-up the most promising FashionTech start-ups working towards a more sustainable future.”